The stabilization of the national economy in terms of macroeconomic models with implemented rules
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Date
2018
Journal Title
Journal ISSN
Volume Title
Publisher
Mykolas Romeris University
Abstract
This article is devoted to the issue of macroeconomic models application. It makes an assumption regarding the practical utility of theoretical models with implemented rules for the national economy stabilization. Thus, the IS-PC-MR model with MR monetary rule has been interpreted and the IS-DC-FR model theoretical construction with FR financial rule has been offered. Therefore, the article defines the steps of stabilization programs
improvement based on the models with implemented policy rules.
Description
Keywords
Stabilization policy, macroeconomic models, policy rules, targeting variables, endogenous and exogenous shocks
Citation
Radionova I. F. The stabilization of the national economy in terms of macroeconomic models with implemented rules / Radionova I. F. // International security in the frame of modern global challenges : collection of sciehtific works / Mykolas Romeris University, Kyiv National Economic University named after Vadym Hetman ; [scientific ed.: B. Alvydas et al.]. – Vilnius, 2018. – P. 137–145.